5, JOHNSON WAY, CHATTERIS, PE16 6FD - £281,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 JOHNSON WAY is a large detached house of 125m², built sometime between 2003 and 2006, which could now be worth an estimated £331,467. It was last sold for £281,000 in June 2020, which was around 5% above the average June 2020 detached price in the Fenland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

5 JOHNSON WAY Sold Prices

Land registry data shows two sales for 5 JOHNSON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. One of the two 5 JOHNSON WAY sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 19 JUN	£281,000	£267,679	5% above HPI
2002 20 SEP	£40,000	£123,762	68% below HPI

5 JOHNSON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 5 JOHNSON WAY sales from September 2002 and June 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2002 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the June 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 5 JOHNSON WAY be worth now?

5 JOHNSON WAY might now be worth an estimated £331,467.

This is based on house price inflation of 18%, between June 2020 and March 2025, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 5 JOHNSON WAY of £281,000 on 19th June 2020. For the value to have increased from £281,000 to £331,467 over the five years and three months to March 2025, the following assumptions must hold true:

• The value of 5 JOHNSON WAY has moved in line with the HPI for detached houses in the Fenland local authority area.
• The June 2020 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 5 JOHNSON WAY has not materially changed since June 2020.

How Large is 5 JOHNSON WAY?

5 JOHNSON WAY is 125m² according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses houses in Chatteris, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatteris, and where 5 JOHNSON WAY lies on this distribution: 65% of detached houses houses are smaller than 5 JOHNSON WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Chatteris.

5 JOHNSON WAY: Plot and Title Map

5 JOHNSON WAY sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 5 JOHNSON WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 JOHNSON WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 JOHNSON WAY?

5 JOHNSON WAY is located in CHATTERIS, in the PE16 postcode district. The below map shows the position of No. 5 on JOHNSON WAY.